Bulgaria and EU: Deficit and debt of General Government Institutional Sector for 2023

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Bulgaria and EU: Deficit and debt of General Government Institutional Sector for 2023

22.10.2024 11:00:00

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Bulgaria and EU: Deficit and debt of General Government Institutional Sector for 2023

In 2023, the government deficit of the EU increased in relative terms compared with 2022, while the government debt decreased. In the EU, the government deficit to Gross domestic product (GDP) ratio grew from -3.2% in 2022 to -3.5% in 2023. The government debt to GDP ratio in the EU decreased from 82.5% in 2022 to 80.8% at the end of 2023.

Detailed data can be found on the website of NSI at
Government Finance Statistics

The National Statistical Institute (NSI) is a state institution in Bulgaria that collects, processes and disseminates official statistical information on social, economic and demographic processes in the country. The NSI's activities are aimed at providing objective and reliable data that support informed decision-making by the state, business and society. The Institute works in accordance with international statistical standards and is an active participant in the European Statistical System.